2005 N Lakeline Blvd, Cedar Park, TX, 78613 - MLS# 9004134

$3,150,000

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Acres 1.05
Property Type Commercial
Heating Central, Heat Pump
Parking Common, Lighted, On Site, Outside, Paved, Parking Lot, Private, Side By Side
Year Built 2017
Cooling Central Air, Heat Pump
Days on Market 267

About 2005 N Lakeline Blvd

Turnkey, stabilized medical office investment in the heart of the high-growth Cedar Park/Leander corridor. With a compelling 6.62% average cap rate 5/1/26-4/31/31, the property delivers durable cash flow supported by 5+ year term NNN leases underwritten by strong guarantors, and aggressive scheduled rent growth (historically exceeding 3% annually). The 6,573 SF asset was constructed in 2018 on a highly visible 1+ AC hard corner traveled by 18K+ vehicles daily. It is 100% leased to two established medical practices, a leading rheumatology group and a high-performing orthodontics practice, each with 5+ year terms. Both tenants benefit from proximity to dense residential neighborhoods, top-rated schools, senior housing, and a robust patient base, reinforcing long-term tenancy and demand. Predictable income with built-in growth, well-established medical tenants, and strong fundamentals in a market widely recognized as one of the best places to live and invest in Texas.

Location

Legal Description S8326 - HERITAGE PARK SEC 4, BLOCK L, LOT 1, ACRES 1.05
Address 2005 N Lakeline Blvd
County Williamson
City Cedar Park
Zip Code 78613
Subdivision Heritage Park Sec 4
MLS Area CLN

Size and Restrictions

Acres 1.05
Lot Description Flat
Horses Allowed No
$/Acre $3,000,000

Improvements

Parking Common, Lighted, On Site, Outside, Paved, Parking Lot, Private, Side By Side

Features

View None

Utilities

Water Municipal Utility District
Utilities Cable Available, Electricity Connected, High Speed Internet Available, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Beds and Baths

Primary on Main No

Heating and Cooling

Heating Central, Heat Pump
Air Conditioning Central Air, Heat Pump

Interior Features

Flooring Carpet, Concrete, Laminate
Disability Accessibility Features, Common Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)

Building Information

Year Built 2017
Construction Frame, Glass, Masonry, Concrete

Garage and Parking

Garage No
Parking Common, Lighted, On Site, Outside, Paved, Parking Lot, Private, Side By Side

Financial

$/Acre $3,000,000
Special Conditions CityRestrictions,DeedRestrictions,ZoningRestrictions
Documents Available Building Plans, Lease, Site Plan, Survey, Unit Mix Schedule, Rent Rolls
Disclosures Municipal Utility District Disclosure

Property Taxes

Appraisal District Williamson
Tax ID 17W325304L00010006
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeCompass RE Texas, LLC
Contact Info(512) 575-3644

Listing Map

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